SFGTV: San Francisco Government Television
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Dec 28, 2012
12/12
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today armenian food has food from the mediterranean, middle east and europe. >> this is san francisco with the largest armenian food festival and widely recognized as one of the best food festivals in the area. we have vendors that come up from fresno, los angeles. we have everyone here in the neighborhood. that's really what it is, is drawing people to see a little bit of our culture and experience what we experience weekend in and weekend out. >> we are behind the scenes now watching the chef at work preparing some delicious armenian. this is a staple in armenian cooking, right? >> absolutely since the beginning of time. soldiers used to skewer it on swords. we have chicken ka bob, beef, lam, onions, parsley, over 2 pounds of meat being cooked in three days. >> after all that savory pro seen, i was ready to check out the fresh veggie options. * protein this is armenian. tomatoes and olive oil, that makes it summer food. what i'm doing is i'm putting some latinae. it's kind of like cream cheese without. when they offer you food, you have to eat it. they would welcome you and food is
today armenian food has food from the mediterranean, middle east and europe. >> this is san francisco with the largest armenian food festival and widely recognized as one of the best food festivals in the area. we have vendors that come up from fresno, los angeles. we have everyone here in the neighborhood. that's really what it is, is drawing people to see a little bit of our culture and experience what we experience weekend in and weekend out. >> we are behind the scenes now...
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Dec 15, 2012
12/12
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KQEH
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>> well, i think if you look at three big factors, tom, europe has gotten better by far, we have got much lower interest rates than europe, much more resolve, stock markets are up nicely there, china which was in free fall, started to rebound, manufacturing started to rebound, gdp is rebound, use of electricity is starting to rebound, exports rebound, you filter all of those in the u.s. where you sit in the u.s. with a consumer that has got five-year high of consumer confidence, we have got housing inventories that at a four-year low, housing prices up 11 percent year over year, double digit growth in autos and auto loans so to me it looks like the consumer is poised, corporations are lean on the balance sheet side, it looks like if you trigger good secular things and trajectory on the fiscal things in the u.s. you could have a heck of a second six months in 2013 in the market. >> a lot of optimism and you are playing it at a movie theaters and begins with lions gate entertainment whomplts knew you were a teenage vampire fan with the twilight movie series, the stock has done nicely t
>> well, i think if you look at three big factors, tom, europe has gotten better by far, we have got much lower interest rates than europe, much more resolve, stock markets are up nicely there, china which was in free fall, started to rebound, manufacturing started to rebound, gdp is rebound, use of electricity is starting to rebound, exports rebound, you filter all of those in the u.s. where you sit in the u.s. with a consumer that has got five-year high of consumer confidence, we have...
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Dec 13, 2012
12/12
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. >> let's talk about europe. emerging markets, but have you a big exposure to europe. stock markets going up, but no economic activity to speak of. is that where the economic activity not picking up yet for you guys either? >> yeah, when you look at last season, the last lawn and garden season, it was down somewhere in the neighborhood of 15%, the market overall, and that was really reflective, obviously of decreased consumer spending and people feeling a lot of the impacts of macro economic conditions in europe. as we look forward, into europe, into this next season, we're calling it flat, simply because there are is so much uncertainty going on over there with how they solve economic problems. at the same time, geographic diversification is really important for us, especially in emerging markets. last week, friday, we closed on a deal down in brazil, one of the key markets we look at from an emerging market standpoint, a company by the name of bronco, which does a lot of high-end equipment, commercial type equipment for the brazilian market and we think that will be
. >> let's talk about europe. emerging markets, but have you a big exposure to europe. stock markets going up, but no economic activity to speak of. is that where the economic activity not picking up yet for you guys either? >> yeah, when you look at last season, the last lawn and garden season, it was down somewhere in the neighborhood of 15%, the market overall, and that was really reflective, obviously of decreased consumer spending and people feeling a lot of the impacts of...
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Dec 30, 2012
12/12
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CSPAN
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that's been tried in europe and it didn't do much. and we have to really get major reductions. >> the advocates of cap-and- trade would say, it allows for price variability, but an environmental outcome that is more certain than with the -- >> no. >> with the carbon -- >> absolutely not. it's certain that it won't be effective; that's what certain. it get -- >> because of -- >> you'll get -- that's -- it -- >> because of the offsets and the carve-outs and the scheming and gaming by traders. >> yeah. they're saying -- well, first of all, you don't even know. all we really know is that we have to reduce emissions as rapidly as we practically can. and, unfortunately, 450 ppm -- >> parts per million of carbon -- >> parts per million of co2 is a disaster scenario on the long run. we are actually going to have -- and 450 ppm would make the planet warmer than it was during the eemian. >> so -- >> a 120,000 years ago, the last interglacial period on sea level is now estimated -- was at least six meters higher than it is now. so we would be se
that's been tried in europe and it didn't do much. and we have to really get major reductions. >> the advocates of cap-and- trade would say, it allows for price variability, but an environmental outcome that is more certain than with the -- >> no. >> with the carbon -- >> absolutely not. it's certain that it won't be effective; that's what certain. it get -- >> because of -- >> you'll get -- that's -- it -- >> because of the offsets and the carve-outs...
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Dec 30, 2012
12/12
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it is very difficult to give service in europe. when i was asking people, they said, why would we serve? there is a bureau for that. there are some places in europe burk it is illegal to give volunteer service. as i see the united states going in the same trend of all sourcing -- outsourcing, it is so overregulated and so over controlling of your life, it takes away your freedom to even support yourself, how would you propose the government relinquished power is that it has taken over peacefully? how do you think the government would be able to let go of this control of our lives? >> i agree with every syllable you just said. [laughter] you almost provoked me to be more political than i felt comfortable doing in this chapel. leave more space, more breathing room for civil society. this astonishing combustion of voluntary association. in my remarks, i used the analogy of a tree. in the shade of which, smaller things cannot grow. that is the danger of an excess of state. >> [inaudible] how can we get them to take the laws out? [appla
it is very difficult to give service in europe. when i was asking people, they said, why would we serve? there is a bureau for that. there are some places in europe burk it is illegal to give volunteer service. as i see the united states going in the same trend of all sourcing -- outsourcing, it is so overregulated and so over controlling of your life, it takes away your freedom to even support yourself, how would you propose the government relinquished power is that it has taken over...
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Dec 4, 2012
12/12
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KQEH
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but competitors from europe and japan blew the domestics doors off. sales at v.w. were up just under 30%. while honda led the japanese pack with a sales increase of just under 40%. the car companies think super storm sandy pushed some sales the last weekend of october into november. morningstar auto analyst richard hilgert agrees sandy helped, but the storm wasn't the primary reason november was such a strong month. >> we've got a lot of pent up demand still out there-- pent up demand coming from, especially from the average age of the vehicles being over eleven years at this point in the united states. the average transaction price was up $346 from october because more 2013 models rolled into showrooms without incentives. the wild card this final month of 2012 is the fiscal cliff. analysts say if congress and the white house don't quickly resolve the budget crisis consumers could tighten their belts, throwing a speed bump into what has been an otherwise blockbuster year. diane eastabrook, "n.b.r.," chicago. >> susie: meanwhile, ford is going all out to rev up its
but competitors from europe and japan blew the domestics doors off. sales at v.w. were up just under 30%. while honda led the japanese pack with a sales increase of just under 40%. the car companies think super storm sandy pushed some sales the last weekend of october into november. morningstar auto analyst richard hilgert agrees sandy helped, but the storm wasn't the primary reason november was such a strong month. >> we've got a lot of pent up demand still out there-- pent up demand...
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Dec 10, 2012
12/12
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KTVU
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and the reason probably is because of europe. i think a lot of the export markets, europe has been still in a little bit of a malaise, and asia is just starting to emerge from one. so we will actually probably start seeing manufacturing pick up in the not-too-distant future. > all right, so a long-term prognosis, positive for you; short-term still kind of wobbly? > > i think next year you're going to have an issue with a push and pull from the fiscal cliff. on the one hand, business owners will actually have some certainty what tax rates are going to be, and that's a positive. that may unleash some hiring. and on the other hand, you are going to have tax increases. and that is actually not good for shorter-term growth. > brent schutte from bmo harris. thanks so much. > > thank you. still ahead, christmas may have come early for drivers. gasoline prices are headed lower. more on that next. w prices at the pump continue to slide. gas prices are down 3 cents on average nationwide to $3.37. the ever-energetic phil flynn of price futu
and the reason probably is because of europe. i think a lot of the export markets, europe has been still in a little bit of a malaise, and asia is just starting to emerge from one. so we will actually probably start seeing manufacturing pick up in the not-too-distant future. > all right, so a long-term prognosis, positive for you; short-term still kind of wobbly? > > i think next year you're going to have an issue with a push and pull from the fiscal cliff. on the one hand, business...
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Dec 5, 2012
12/12
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the fiscal cliff is like what they had in europe. we need to look for companies being obliterated by the cliff. banco santander was perceived to be the biggest loser. but it turned out to be an amazing trade. the stock traveled to $7.72. i don't think it's done. charitable trust is buying a major midwestern lender. stock has been sliding every day. key is now under $8 and i can tell from the trading in the name it is not going to happen just yet. there are sellers everywhere. the only thing they have going for them is fears of the cliff. we know that when the cliff jump we know that when the cliff jump price , well, i say the worst has been prepared for. key bank may be the worst of the bunch. it has been a terrible investment up until things turned. and then we will look back and say what the heck were we thinking. why didn't we bid 7 and buy key bank instead of selling it like everybody else? stick with cramer.
the fiscal cliff is like what they had in europe. we need to look for companies being obliterated by the cliff. banco santander was perceived to be the biggest loser. but it turned out to be an amazing trade. the stock traveled to $7.72. i don't think it's done. charitable trust is buying a major midwestern lender. stock has been sliding every day. key is now under $8 and i can tell from the trading in the name it is not going to happen just yet. there are sellers everywhere. the only thing...
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twelve is about to end in what here it was the global economy remains weak the arab spring rages on europe is dealing with painful austerity extreme weather headed self-help and obama reelected and there was no shortage of conflicts tragedies and misery around the world. to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com in san francisco we have will durst he is a political comic and syndicated columnist and in paris we cross the analysts a bit more he's a journalist and political commentator on cross talk rules in effect if you want to do this for this episode here. analysts say if i go to you first in paris if there is a hierarchy of events or ideas of the year that's about to end what would they be for you. well it's cool to be the president and actually for us because that was really sort of the great thing marking the. political yeah and the fact that because you were sent home by the voters so i would say that's the biggest thing this year john how about you but it's because i was going to s
twelve is about to end in what here it was the global economy remains weak the arab spring rages on europe is dealing with painful austerity extreme weather headed self-help and obama reelected and there was no shortage of conflicts tragedies and misery around the world. to cross talk two thousand and twelve as it was i'm joined by john glaser in washington he's an assistant editor and blogger for antiwar dot com in san francisco we have will durst he is a political comic and syndicated...
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it happened throughout europe the last year, year and a half. all the entitlement programs the population held as untouchable essentially fall apart, and the presidentmentsto think raising taxes on the wealthy, not cutting entitlements, save the economy, but it's the opposite. the cuts have to come, they will come. the question is doe address them now whens they have a chance to do something about them or wait until the whole system collapses on itself. neil: do you think democrats could be over playing their hand, that, yes, they won the election, not a land slide, doing what george bush did when he was re-elected, the social security thing, just over played his hand. >> well, i don't think so because don't forget, the puic polls, which for lack of a better barometer, what we all look at,eople blame republicans more than democrats. neil: recession ensues, it's on everybody. >> exactly right, but barack obama doesn't have to run again. very cognizant of the fact. i'm not, you know, i'm not the grim reaper about this. i believe we are going to ge
it happened throughout europe the last year, year and a half. all the entitlement programs the population held as untouchable essentially fall apart, and the presidentmentsto think raising taxes on the wealthy, not cutting entitlements, save the economy, but it's the opposite. the cuts have to come, they will come. the question is doe address them now whens they have a chance to do something about them or wait until the whole system collapses on itself. neil: do you think democrats could be...
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yes i mean even though europe gault the nobel prize of peace this year i heard say that's not enough to know lift the gloom from the general feeling it is all sterritt see there's the sort of it looks like the idea has been saved for for a bit but still at the price of committing to. budget cuts everywhere to earn employment that cannot be reduced and in general with the feeling that we are being sort of past gone by by the south pacific. asia pacific region so. you know we're sort of looking towards twenty thirty not thinking that it's going to be much better in fact at least two countries france and britain are looking tools you know recession. spain and ireland do not know yet you know whether they're going to be able to sort of turn back the current crisis so i should say that europe is not feeling so well right now john another thing that isn't feeling very well do you think that two thousand and twelve was another year a bush foreign policy year. you know that that's true in some respects but that sometimes can be overstated i mean. a good example is for example what's happenin
yes i mean even though europe gault the nobel prize of peace this year i heard say that's not enough to know lift the gloom from the general feeling it is all sterritt see there's the sort of it looks like the idea has been saved for for a bit but still at the price of committing to. budget cuts everywhere to earn employment that cannot be reduced and in general with the feeling that we are being sort of past gone by by the south pacific. asia pacific region so. you know we're sort of looking...
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Dec 22, 2012
12/12
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WJZ
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moving now to the the weather and a deadly cold snap sweeping across eastern europe. freezing temperatures there have claimed more than 200 lives. ukraine has been hardest hit. it has been snowing there for weeks. at least 80 people have died in crane, most of them homeless. in britain it's the rain. devon in divest england is one of the areas deluged by storms. what about the weather across the u.s. in the next couple of days? the holiday travel season is now under way, and aaa expects more than 93 million americans to be on the move at some point most of them by car. jeff beradelli at our miami station wfor joins us. the next couple of days could affect travelers, could affect shoppers. what kind of weather are we going to see across the country? >> reporter: jirnlg it's nainl good news. it's pretty quiet across most of the united states right now with the exception of the west coast. we have a big storm slamming into there. tomorrow is going to be pretty quiet also across the united states so travelers shouldn't have too much to worry about. as we head into christm
moving now to the the weather and a deadly cold snap sweeping across eastern europe. freezing temperatures there have claimed more than 200 lives. ukraine has been hardest hit. it has been snowing there for weeks. at least 80 people have died in crane, most of them homeless. in britain it's the rain. devon in divest england is one of the areas deluged by storms. what about the weather across the u.s. in the next couple of days? the holiday travel season is now under way, and aaa expects more...
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Dec 14, 2012
12/12
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CNBC
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europe first. i'm also in charge of attracting foreign investments so the priority is pretty well known, freeing up bureaucracy and letting enterprises do their job and don't be really constrained by labor laws or too many laws that affect the willingness of an entrepreneur to do his job. >> find it interesting that we're dealing with the same issues, labor laws certainly in some cases have really hindered the ability for some businesses to do well. let me ask you about any and how things are going. we just saw a report recently where there was a report that said by 2020 america could actually be a great oil exporter which i found just amazing. where are you finding developments? i know that in ghana recently was a big opportunity for your company, also libya. where is the oil in the world and how is business at any? >> you know, the company is 75% about foreign business, so whatever we do, we do it mostly in africa and also in the u.s., but we're the biggest oil company in africa, and we're coming
europe first. i'm also in charge of attracting foreign investments so the priority is pretty well known, freeing up bureaucracy and letting enterprises do their job and don't be really constrained by labor laws or too many laws that affect the willingness of an entrepreneur to do his job. >> find it interesting that we're dealing with the same issues, labor laws certainly in some cases have really hindered the ability for some businesses to do well. let me ask you about any and how things...
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Dec 28, 2012
12/12
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FBC
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with the fiscal cliff, and before that, it was all about europe. david: larry, your picks, disney and direct tv, i know you like the vegas stocks, las vegas sans, boyd gaming as well, but what about john's point that just to be safe because you never know. i mean, the worse can happen, happened before, and could happen again, those jokers inside the beltway very often don't come to a conclusion. wouldn't it be safe to put at least 10 #% of the portfolio in cash right now just in case? >> i just can't see it. the math is so compelling on the other side, and you have this just incredible sentiment. thirty years now, you have not been able to lose money in bonds. a lot of people think that it's impossible to lose money in bonds, and it is. you surely are not going to make any money in bonds other than clip your coupon. you're not going to make any money in cash. david: let me just stop you for a sec about bonds here because it is not impossible to lose money on bonds if the companies they are based on go bankrupt or the governments they are based on g
with the fiscal cliff, and before that, it was all about europe. david: larry, your picks, disney and direct tv, i know you like the vegas stocks, las vegas sans, boyd gaming as well, but what about john's point that just to be safe because you never know. i mean, the worse can happen, happened before, and could happen again, those jokers inside the beltway very often don't come to a conclusion. wouldn't it be safe to put at least 10 #% of the portfolio in cash right now just in case? >>...
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it sort of lends it self-- they're doing themselves a disservice and if you look at the structure in europe where mcdonald's is very large, le mcdonald's hamburger is a dollar and a half more so that's really added labor costs. >> brenda: gary b, we're the not just talking about fast food, we've seen it at wal-mart, at airports, at the shipping ports and they're flexing their muscles. >> absolutely, and they have the backing of the current administration, and i don't dismiss what jonas says that unions are going to these quote, unquote, highly skilled. i member, i worked in a cardboard box factory, i had to join the teamsters and i worked as a supermarket cashier, i had to join the retail clerks union. so could it get to fast food? absolutely. you're right, brenda, it can because they're flexing their muscle and have the backing of the current political environment. >> brenda: larry. >> brenda, the younes need to reinvent themselves. if they need to get into my skilled jobs and earn higher wages and that's the key. >> you're right and the idea of organizing the lowest end of the structure h
it sort of lends it self-- they're doing themselves a disservice and if you look at the structure in europe where mcdonald's is very large, le mcdonald's hamburger is a dollar and a half more so that's really added labor costs. >> brenda: gary b, we're the not just talking about fast food, we've seen it at wal-mart, at airports, at the shipping ports and they're flexing their muscles. >> absolutely, and they have the backing of the current administration, and i don't dismiss what...
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Dec 19, 2012
12/12
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MSNBCW
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one of the biggest banks here in europe. yes, there have been a lot of press speculation about the side of the fine, but it's three times bigger than the fine ba barclay's was fined. ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year highs, the cac and dax at 52-week highs. this is more related to the expected aggressive monetary easing by the boj, but even the u.s. markets, the s&p 500 at a two-month high. >> i'm curious, we never really know how the fiscal cliff conversation plays out overseas. is it something that moves the needle in the markets in europe and asia? >> absolutely it does. given that, you know, in terms of european risk, everything pretty much done and dusted. we don't have much more european event risk until the end of the year, this is what we're focusing on.
one of the biggest banks here in europe. yes, there have been a lot of press speculation about the side of the fine, but it's three times bigger than the fine ba barclay's was fined. ubs also admitting to criminal wro wrongdoing in japan. >> how are global markets doing at this hour? >> well, actually global markets are up. they're cheering, you know, the fact that there could be a fiscal cliff deal between democrats and republicans. look, we've got european markets close to year...
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Dec 8, 2012
12/12
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CSPAN2
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i think the region is in for a long, a longer period of time of changes than central europe face. i think america should play an important role in this. but right now i think our voice has been largely muted by internal divisions, by some ways that we do business in a government and outside of government, that's awesome. the main argument is it's up on us, and more is coming. changes coming. some of that will include islamist forces to figure how to best use our power to shape and influence them. >> thank you very much. on iraq, an extra bonus points if you can believe that -- >> a couple of close in points. first, we we think a luckily, made out to say myself, i think generally weak tend to project a certain bigotry of low expectations on muslims in the arab cultural world. which is those of us who are of various religious faiths here, we know the extent to which we practice our faith to this or that religious prescription, and we now that we've all pretty darn sure but we think muslims, they all pray five times a day, they never touched scotch. they all do, you know, every comma
i think the region is in for a long, a longer period of time of changes than central europe face. i think america should play an important role in this. but right now i think our voice has been largely muted by internal divisions, by some ways that we do business in a government and outside of government, that's awesome. the main argument is it's up on us, and more is coming. changes coming. some of that will include islamist forces to figure how to best use our power to shape and influence...
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Dec 30, 2012
12/12
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FBC
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minister of japan who now has told the bank of japan, print that money, catch up to the united states, europe, china. they're just dumping this money to the system to keep it going. as you mentioned, housing tarts , housing prices. tom: i have to tell you, i think i'm in yur camp on this one. i'm a be gloomier than the one housing because i don't see the fundamentals re still wrong. the people that are buying homes are investors paying all cash. maybe some starter homes, but the mortgages are still tough to get. the appraisers are still tough appraisals to get. and you have one at the three people in this country under water. i still don't see the fundamentals of the old buy and sell transaction sapping get. >> vote for me. on make things better. >> exactly. >> year 100 percent right. the onlyeason the housing market is going up is because interest rates are so. i'veeen of state kingston on one of the most historic quarters in the united states. the only pace on each corner where they're is a stone building thatreed -- predate the revolution, and that just bought one. seventeen fifties buildi
minister of japan who now has told the bank of japan, print that money, catch up to the united states, europe, china. they're just dumping this money to the system to keep it going. as you mentioned, housing tarts , housing prices. tom: i have to tell you, i think i'm in yur camp on this one. i'm a be gloomier than the one housing because i don't see the fundamentals re still wrong. the people that are buying homes are investors paying all cash. maybe some starter homes, but the mortgages are...
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Dec 10, 2012
12/12
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FBC
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that is. >> europe. europe has the potential to unravel this is not a decade-long agenda, this is actually within a year maybe, i don't know. it has the possibility of breaking apart, having a severe recession that will impact the u.s. economy and that made all this momentum that we are hopefully starting to see in the u.s. economy. liz: are we wasting too much time on fiscal cliff discussion and the potential effect on our money, should we not be focusing on these other issues and somehow bulletproof our investments as it pertains to each one of these concerns. we talk about doubling up. >> we should make pay more attention to europe. the attention we're paying to the fiscal cliff is not actually productive. in fact, it is leading to polarization of positions that have to be negotiated in private, and the lesson here from washington, the better i like the fiscal cliff. liz: the talks were secret today. >> might notice the financial markets are not actually very volatile in response to the special fiscal
that is. >> europe. europe has the potential to unravel this is not a decade-long agenda, this is actually within a year maybe, i don't know. it has the possibility of breaking apart, having a severe recession that will impact the u.s. economy and that made all this momentum that we are hopefully starting to see in the u.s. economy. liz: are we wasting too much time on fiscal cliff discussion and the potential effect on our money, should we not be focusing on these other issues and...
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Dec 19, 2012
12/12
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CNBC
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but i could see the feds easing, europe is easing. i can see maybe profits are going to come in better. maybe we had great housing coming in today. when they are doing this toe dance, how can the market make sense of that. >> we have had the debt crisis to train us how to deal with this? you start ignoring what the politicians had to say. and that is really now traders look at it. >> i'm here to tell you, one for one doesn't work. this is going to be his biggest challenge. the racing ising of the top chae is it. republicans aren't going to like that. and the grass roots aren't going to like that. and the only people that are going to like it are the liberals and the unions. >> but this is a big problem on spending and i think that is where the president will see the deal fall apart. they are close. pretty close. but we do need to see a net revenue, neutral plan. >> are you kidding? >> republicans want to three to four to one. >> they do want that, but they can live with the revenue neutral plan. >> one to one is insanity. >> it is not
but i could see the feds easing, europe is easing. i can see maybe profits are going to come in better. maybe we had great housing coming in today. when they are doing this toe dance, how can the market make sense of that. >> we have had the debt crisis to train us how to deal with this? you start ignoring what the politicians had to say. and that is really now traders look at it. >> i'm here to tell you, one for one doesn't work. this is going to be his biggest challenge. the...
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Dec 4, 2012
12/12
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CSPAN2
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africom, general ham was the commander of europe. mike his decorations, the defense superior medal. the legion ofmeter with two oak leaf clusters, the bronze star medal and the joint service commendation medal. it's a privilege to have general ham with us here today, and on behalf of everyone assembled i'd like to thank him for his service to the country. please join me in welcoming general ham the floor and thanking the homeland policy institute for convening this event. general ham. [applause] >> i think you can probably abbreviate that introduction and say, i'm a pretty old soldier who has around for a long while. but one of the things you didn't hear in the introduction is any experience in africa. in fact that puts me in the category of most who have served in the united states military, because africa has not been a part of the world in which we have focused a lot of attention. certainly not during the majority of my career. so, when i was asked by secretary gates to -- if was interested in taking on this responsibility, i replied, frankly, with a great deal of enthusiasm. not
africom, general ham was the commander of europe. mike his decorations, the defense superior medal. the legion ofmeter with two oak leaf clusters, the bronze star medal and the joint service commendation medal. it's a privilege to have general ham with us here today, and on behalf of everyone assembled i'd like to thank him for his service to the country. please join me in welcoming general ham the floor and thanking the homeland policy institute for convening this event. general ham....
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Dec 7, 2012
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the only disappointment has been data in europe. the scuttlebutt that some members wanted to cut which has put pressure on the euro today. >> german market up twice what we're up and i think people are shaking their heads that netherlands could be up. we don't see any data whatsoever that europe is doing better but belief that 2013 can't be as bad as 2012. german numbers were not good at all. it's a puzzle. >> we did get an earthquake in northeastern japan overnight. 7.3 is serious. looks like we dodged a bullet on that front as well. doesn't look like there's any damage as a result of that. >> i thought there would be a tremendous rebuilding effort in fukushima. it didn't happen because the ground is contaminated. the first question they asked over there were nuclear reactors apparently safe is the early word. >> we walk in on monday we'll have a lot of data out from china which could be important given the biggest weekly gain in shanghai in 13 months. that will be closely watched. industrial production and retail numbers will be o
the only disappointment has been data in europe. the scuttlebutt that some members wanted to cut which has put pressure on the euro today. >> german market up twice what we're up and i think people are shaking their heads that netherlands could be up. we don't see any data whatsoever that europe is doing better but belief that 2013 can't be as bad as 2012. german numbers were not good at all. it's a puzzle. >> we did get an earthquake in northeastern japan overnight. 7.3 is serious....
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cheryl: bobby, i want to go back to you about europe. we have not had a lot of problees. seems like the greeks are kind to getting things. >> the last few days, europe markets have been pretty strong. as you said, a sleeping giant. cheryl: i do not want to see anything change. it has been nice. gentlemen, thank you. i appreciate it. great floor show today. uncertainty seems to be the norm in washington these days. last year you have the debt ceiling convey. congress had trouble putting together a deal. now the u.s. may be heading for the fiscal cliff. what does that mean for you and your investments? we have the jobs report today for a brief moment. we weren't worried about the fiscal cliff. now, we are back. what do you make of it? >> the jobs report was okay. there are some signs of very modest improvement in jobs. the good news is we have not really lost momentum and i will put that in the victory column. from a very short-term perspective, it is the fiscal cliff that is on everyone's mind. consumer sentiment is starting to decline. that suggested everyone seems to be
cheryl: bobby, i want to go back to you about europe. we have not had a lot of problees. seems like the greeks are kind to getting things. >> the last few days, europe markets have been pretty strong. as you said, a sleeping giant. cheryl: i do not want to see anything change. it has been nice. gentlemen, thank you. i appreciate it. great floor show today. uncertainty seems to be the norm in washington these days. last year you have the debt ceiling convey. congress had trouble putting...
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Dec 12, 2012
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the confidence of investors around the world that america is getting its act together at a time when europe is struggling, at the time when japan is struggling and slowing down, when china growth is slowing, the world is looking to the united states to take the lead. as it has so many times in so many crises before. yet all they see is the stand-off and the inability to do what i think we all need to do. now, the choice is very clear. we have come to the point where i think most people looking at this understand that if we don't act now, the so-called kicking the can down the road no longer is a viable opportunity. no longer is something that we can afford to do. there's a group called kick it back, and i can see why the american people are frustrated over our inability to come to some agreement on this. and so obviously we hope that the president and speaker boehner will bring us that grand bargain by which we can evaluate and address before the end of the year. now, i have frequently said from this podium and back to the people that i represent in indiana that if we don't start with addre
the confidence of investors around the world that america is getting its act together at a time when europe is struggling, at the time when japan is struggling and slowing down, when china growth is slowing, the world is looking to the united states to take the lead. as it has so many times in so many crises before. yet all they see is the stand-off and the inability to do what i think we all need to do. now, the choice is very clear. we have come to the point where i think most people looking...
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Dec 3, 2012
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it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't know what was said teen them this year my guest homes the former president was critiquing more than just his successor's swing. art laffer was the top reagan economic adviser and you voted twice for bill clinton because his prosecutor mix of taxes. explain that? >>guest: yes i sure did. but for the raise hikes at top end, he cut taxes on the working people between ages of 65 and 72. he cut taxes on trade and products. he cut government spending as a share g.d.p. dramatically and he cut the capital gains tax rate and butt in welfare reform. what do you want from a president that bill clinton did not deliver? he was a great president. >>neil: the investment taxes was that concurrent with what was going on in the income tax hike front? >>guest: no. it was not. the capital gains tax reduction which h
it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't know what was said teen them this year my guest homes the former president was critiquing more than just his successor's swing. art laffer was the top reagan economic adviser and you voted twice for bill...
WHUT (Howard University Television)
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Dec 6, 2012
12/12
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and europe did, for example, then we are guaranteed a 6 degree world. essentially, are urging him to step up to the world that he says he wants, to be a climate champion. we just had a press conference where the leaders of the least developed countries, the head of the african group, and small island states, shared exactly our concerns. to be honest, their voices were breaking when they spoke to us about how desperate they are about the negotiations and are clearly putting the blame on rich countries, particularly the united states, as one of the culprits. >> samantha smith, you are a leader of wwf, the world wildlife fund. >> that is what we call it in the united states. >> the level of this conference is a c within another c. if they turn one of them around, it looks like the logo of comedy central. that is funny, but not so much in the context of this subject. the news you were reading about environmentalists and the dangers they face. >> as i was preparing to come to doha, i heard about comments from someone that we are the culprits for the negotiat
and europe did, for example, then we are guaranteed a 6 degree world. essentially, are urging him to step up to the world that he says he wants, to be a climate champion. we just had a press conference where the leaders of the least developed countries, the head of the african group, and small island states, shared exactly our concerns. to be honest, their voices were breaking when they spoke to us about how desperate they are about the negotiations and are clearly putting the blame on rich...
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Dec 18, 2012
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only 18% from the sick man that is europe. the company plans to expand its boat business aggressively into brazil which you know is the fourth largest global boat market. and brunswick only has 1% share at the moment. you know that can go up. brunswick's boat engine is roaring, plus the company's been cleaning up its balance sheet to where it has the lowest level of debt in more than seven years. it's giving you a juicy 27% gain since i recommended it a little less than a year ago back on january 30th. even after this move the stock is still pretty darn cheap, selling for just 12 times earning, 12.5% long-term growth rate and obviously this new kicker. the bottom line, hurricane sandy was a horrible tragedy. but as we recover from that destruction, there are opportunities like the 65,000 boats that were damaged or destroyed in the storm. $650 million worth of boats that will most likely be replaced and brunswick is the most likely place that they'll replace them at. let's go to elizabeth in florida, please. elizabeth. >> calle
only 18% from the sick man that is europe. the company plans to expand its boat business aggressively into brazil which you know is the fourth largest global boat market. and brunswick only has 1% share at the moment. you know that can go up. brunswick's boat engine is roaring, plus the company's been cleaning up its balance sheet to where it has the lowest level of debt in more than seven years. it's giving you a juicy 27% gain since i recommended it a little less than a year ago back on...
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Dec 13, 2012
12/12
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contract, will stay in the $90 range, where you have higher crude prices coming out of europe and the gulf. >> tom: steady prices there. how about gold? is gold still a long-term buy at these levels? >> it is really difficult to say, tom. you know, you would have expected gold to react quite differently today to the announcement of another $45 billion worth of treasury purchases, and it should have broken through that 1750 level, but it only rallied $15, $20 and settled in five or six. gold is a longer term trade that we're less interested in, and its traditional place in the portfolio as an inflation hedge seems to be muted at best. >> tom: i want to ask you about grains, after the midwest drought. the harvest attended to be better than expected. do you move away from the grains, waiting for the weather to shake out? >> i think you have to wait for the weather to shake out and you have to wait for last month's planting expections. i think like last year, we will plant a record-sized crop. that and what we see out of the harvest in south america will determine the price for grain in 2
contract, will stay in the $90 range, where you have higher crude prices coming out of europe and the gulf. >> tom: steady prices there. how about gold? is gold still a long-term buy at these levels? >> it is really difficult to say, tom. you know, you would have expected gold to react quite differently today to the announcement of another $45 billion worth of treasury purchases, and it should have broken through that 1750 level, but it only rallied $15, $20 and settled in five or...
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Dec 7, 2012
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because the economy has been doing really very well within europe. so you could see german margins under a little bit of pressure, but then that could also suggest as i say that some of those projections for the german economy are a bit -- >> what assumptions are you making in this about the fiscal cliff and about further risks from eurozone financial crisis? go . >> we know the markets are driven on a minute by minute basis, but if we just step back from that, the chances that in two to three months from now, obviously we could briefly go over in january, i think that's unlikely, the chance that we'll really have the u.s. economy squeeze by 4%, 5% of gdp, i think it's incredibly unlikely. >> what are you assuming about the ongoing eurozone -- >> the eurozone, if we go through a series of ticks, we have had a lot of progress this year. you have to be clear about that. and not just with all the various government actions. look at wages in greece and now spain. wages in greece are down more than 25%. very painful, but we've heard about the pain already
because the economy has been doing really very well within europe. so you could see german margins under a little bit of pressure, but then that could also suggest as i say that some of those projections for the german economy are a bit -- >> what assumptions are you making in this about the fiscal cliff and about further risks from eurozone financial crisis? go . >> we know the markets are driven on a minute by minute basis, but if we just step back from that, the chances that in...